WVC 46 - 8 - 205
§46-8-205. Effect of unauthorized signature on security certificate.
An unauthorized signature placed on a security certificate
before or in the course of issue is ineffective, but the signature
is effective in favor of a purchaser for value of the certificated
security if the purchaser is without notice of the lack of
authority and the signing has been done by:

(1) An authenticating trustee, registrar, transfer agent or
other person entrusted by the issuer with the signing of the
security certificate or of similar security certificates, or the
immediate preparation for signing of any of them; or

(2) An employee of the issuer, or of any of the persons listed
in subdivision (1) of this section, entrusted with responsible
handling of the security certificate.

Note: WV Code updated with legislation passed through the 2015 Regular Session
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